BOJ LIKELY TO DEBATE POSSIBILITY OF EASING MONETARY POLICY AT APRIL 27-28 RATE REVIEW – SOURCES

Apr 05, 2016 11:54 am UTC| Central Banks

Market Roundup Impact of China on advanced economies set to grow Financial Times China bank regulator says lenders should tighten overseas risk control Nikkei 225 Index closes down 2.42% BoJ Gov Kuroda QQE...

RBI lowers repo rate by 25bp on external concerns, unlikely to lower further in 2016

Apr 05, 2016 08:36 am UTC| Commentary Central Banks

The Reserve Bank of India lowered its repo rate by 25bp to 6.5%, on par with market expectations. However, the central bank surprisingly raised the reverse repo rate by 25bp to 6%, which narrows the policy rate corridor to...

RBI tweaked policy in a first time ever fashion

Apr 05, 2016 06:33 am UTC| Commentary Central Banks

Today, Reserve Bank of India, Governor Raghuram Rajan, tweaked policy in an unprecedented way by reducing repo rates, at which banks borrow and increasing reverse repo rates, the rates banks get while depositing excess...

RBI likely to lower policy rate by 25bp

Apr 05, 2016 05:16 am UTC| Commentary Central Banks

In order to strengthen Indias economic growth, the Reserve Bank of India (RBI) is likely to lower its policy rate by 25 bp today, according to Scotiabank. On 29 February, the Indian government had introduced a budget...

Poor retail sales data will likely weigh on RBA rate decision tonight

Apr 04, 2016 14:03 pm UTC| Commentary Central Banks

AUD came under pressure this morning following disappointing retail sales data. Data released earlier today showed Australias Feb retail sales came at 0.0% m/m missing expectations for 0.4% and compared to 0.3% in the...

Tankan survey damages market confidence in BoJ's policy effectiveness

Apr 04, 2016 13:41 pm UTC| Commentary Central Banks

BOJ March Tankan corporate price expectations survey showed that Japanese companies long-term inflation expectations weakened in March from three months ago. Tankan report on Friday showed that business confidence among...

Fundamentals to watch out for this week

Apr 04, 2016 06:39 am UTC| Commentary Central Banks

This week is not very risk heavy in terms of events, compared to last week, however some specific risks related to several currency pairs are quite large. What to watch for over the coming days RBI...